Trump criticizes oil firms’ Iran war profits

U.S. President Donald Trump expressed his displeasure with the massive profits made by major oil companies as a result of rising oil prices caused by the war with Iran, urging them to return some of their profits to consumers and lower gasoline prices. The oil shortage resulting from the conflict with Iran has led to a more than 37% increase in the price per gallon of gasoline since the start of the war in February, raising political concerns ahead of the November elections, which the Democrats are seeking to win.

Size: 120%Text Size

Notice: This Is an AI-Generated Summary

Display The Full Article